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The Toro Company (NYSE: TTC) is a renowned global provider of innovative solutions for the outdoor environment. Specializing in turf, snow, and ground engaging equipment, as well as irrigation and outdoor lighting solutions, Toro has established itself as a leader in the industry. With sales reaching $2.2 billion in fiscal 2014, Toro’s influence extends to over 90 countries worldwide.
Founded on principles of innovation, trust, and integrity, Toro and its family of brands have built a legacy of excellence. The company’s products help customers maintain golf courses, landscapes, sports fields, public green spaces, commercial and residential properties, and agricultural fields.
Core Business
Toro manufactures a comprehensive range of turf maintenance and landscaping equipment. This includes reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, and underground irrigation systems. Toro is also a major producer of heavy-duty walk-behind mowers and sprinkler systems used for professional turf and landscape maintenance and construction.
Operating Segments
The company operates under two main segments: Professional and Residential. The Professional segment generates the majority of its revenue and serves predominantly professional users maintaining turfs and sports fields, such as golf courses. The Residential segment caters to homeowners with products designed for home use.
Recent Achievements and Partnerships
Toro consistently engages in projects and partnerships that drive innovation and customer satisfaction. The company is committed to providing equipment that improves the efficiency and effectiveness of outdoor maintenance. Toro’s reputation for quality and reliability is supported by its extensive network of distributors and dealers.
Financial Condition
With a strong market presence and a key revenue-generating market in the United States, Toro continues to show robust financial performance. The company’s dedication to meeting customer needs and expanding its product line ensures its ongoing success and growth in the global market.
For more detailed information about The Toro Company, its products, and latest news, visit www.toro.com.
The Toro Company (NYSE: TTC) will present to investors at the Raymond James 43rd Annual Institutional Investors Conference on March 8, 2022, at 8 a.m. EST. CEO Richard Olson and CFO Renee Peterson will represent the company. The presentation will be webcast, and interested participants can access it on Toro’s website. A replay will also be available afterward. Toro is a leading provider of outdoor solutions with $4 billion in sales for fiscal 2021, operating in over 125 countries with a diverse brand portfolio.
The Toro Company (NYSE: TTC) will release its fiscal Q1 2022 results on March 3 at 7:30 a.m. CST, followed by an earnings conference call at 10 a.m. CST. With sales reaching $4 billion in fiscal 2021, Toro operates globally in over 125 countries, offering innovative solutions for outdoor environments including turf maintenance and irrigation. The earnings release will be accessible on their investor relations website.
The Toro Company (NYSE: TTC) has acquired Intimidator Group for
The Toro Company (NYSE: TTC) reported impressive financial results for fiscal Q4 and the full year ended October 31, 2021. Q4 net sales reached $960.7 million, a 14.2% increase, with adjusted EPS at $0.56. For the full year, net sales grew 17.2% to $3.96 billion, with diluted EPS at $3.78, up 24.8%. Despite challenges like supply chain issues, the company launched innovative, battery-powered products aimed at future growth. For fiscal 2022, Toro expects net sales growth of 8% to 10% and adjusted EPS between $3.90 and $4.10.
The Toro Company (NYSE: TTC) has declared a
In fiscal 2020, The Toro Company reported sales of
The Toro Company (NYSE: TTC) will release its fiscal 2021 fourth quarter and full-year results on December 15 at 7:30 a.m. CST. An earnings conference call will follow at 10 a.m. CST. The earnings release will be accessible at www.thetorocompany.com/invest. Toro is a global leader in outdoor solutions, reporting $3.4 billion in sales for fiscal 2020 with a presence in over 125 countries.
Insight Enterprises has appointed Joyce Mullen as President and Chief Executive Officer, effective January 1, 2022. She succeeds Ken Lamneck, who will support her transition. Mullen previously served as North America President at Insight and held a 21-year career at Dell Technologies. Her leadership style focuses on people-first values and maintaining strong client relationships. Mullen also sits on the Board of The Toro Company. Insight Enterprises, a Fortune 500 company, delivers technology solutions to optimize business operations.
The Toro Company (NYSE: TTC) has declared its 150th consecutive quarterly cash dividend of $0.2625 per share. This dividend is scheduled for payment on October 21, 2021, to shareholders recorded as of October 6, 2021. In fiscal 2020, Toro reported sales of $3.4 billion and operates in over 125 countries, offering solutions in turf maintenance, snow management, and more. The company emphasizes its commitment to innovation and shareholder value.
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